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Exhibit 10.3
THE FIRST NATIONAL BANK OF LITCHFIELD
AMENDMENT TO
FIRST AMENDED AND RESTATED
SUPPLEMENTAL EXECUTIVE
RETIREMENT AGREEMENT
This Amendment to the First
Amendment and Restatement to the Supplemental
Executive Retirement Agreement (the "Agreement") dated
as of and effective the
20th day of November, 2008 (the
"Agreement"), is made the __
day of
_______________, 2009 by and between THE FIRST NATIONAL BANK
OF LITCHFIELD, a
bank organized and existing under the national banking laws of the
United States
of America with its main office
located at 13 North Street, Litchfield,
Connecticut, 06759 (the "Bank") and
__________, whose mailing address is
_________________________ (the "Executive").
Whereas, the Executive has
been and continues to be a valued executive of
the Bank;
Whereas,
the Executive
has performed
his/her duties as
_____________________________ in a capable and efficient manner;
and
Whereas, the Bank wishes to
ensure the continued loyalty and services of
the Executive by providing him with deferred compensation,
Whereas, First Litchfield
Financial Corporation, the holding company for
the Bank (the "Holding Company") has
participated in the Capital Purchase
Program of the Troubled Assets Relief
Program ("TARP") of the United States
Department of the Treasury (the "Treasury");
&
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